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Active trading (or Day Trading) is not a game, it has a very high level of risk. It is possible to lose all of the funds that you invest in your trades. It is not recommended for inexperienced traders or for persons who do not have sufficient resources and time to devote to their trading activities. Active trading is a serious commitment that should not be undertaken unless you are able to handle high risk and high stress well, and are willing to consistently adhere to objective and disciplined trading strategies and approaches.
WeTheTrader is a resource for traders to share ideas about investing and trading the markets with Focus on the (ES) E-Mini S&P 500 Futures.
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About Me
Although the FOMC Statement was delivered as expected, it was positive overall, just as the US government would intend it to be. For that reason market behavior shouldn't change much (outside of the intra-day volatility). I would assume the market will continue a sideways to upward trend heading in to the new year. There should still be opportunities to short this market though and we should be able to hit the $110.35 area in the process...
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